Author: Zandar1

We’re beginning to see some of the first casualties on Wall Street of this economic disaster.  Ironically, it’s the Bush family’s own banker, the Carlyle Group. Carlyle Group said creditors plan to seize...

Two things I know from the downfall of Alabama’s Don Siegelman and New York’s Elliot Spitzer: One, I know how to spell the word “surveillance” correctly.  I type it pretty often these days. Two, if...

Here’s a quickie on the economy. Gas prices of course hit a record high Wednesday but that’s not the real news.  A little math and reading between the lines shows some very interesting numbers. The price of...

Today’s big news is that the Fed has made moves to “restore liquidity” to the tight credit market.  What this amount to of course is a $200 billion bailout of the banks. The Federal Reserve on Tuesday...

Things are beginning to come apart at the seams now for the financials.  The Dow has given back all of its 2007 gains a second time after the January 2008 “rally” has fizzled.  And news now is that banks...